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Nurses attend to patients in this historical photo of the children’s ward inside Wheatley-Provident Hospital, a Black hospital in Kansas City, Missouri. It opened in 1918, but, like most Black hospitals, it closed following the federal campaign to desegregate hospitals in the 1960s. Missouri Valley Special Collections/Kansas City Public Library hide caption toggle caption Missouri […]
WASHINGTON (AP) — Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. The trend, if it holds, could move the Federal Reserve closer to cutting its benchmark interest rate from its 23-year peak. Consumer prices […]
Ultra-high housing prices may soon take a dip – at least in a handful of U.S. cities. CoreLogic, a financial analytics company that tracks real estate markets around the country, expects home prices to drop in several metro areas over the next year. While home prices in the Northeast – think places like New York, New […]
Spotify (SPOT) stock rose as much as 4% in early trading on Monday after the streaming giant
(Bloomberg) — European stocks and US equity futures kept to small ranges as investors focused on upcoming US inflation reports. Japanese bond yields climbed to decade highs. Most Read from Bloomberg The Stoxx Europe 600 index was little changed, hovering near a record high. Anglo American Plc edged higher after the London-based miner announced one […]
(Bloomberg) — Stocks took a breather on Monday as investors awaited key data later this week that may cast light on the outlook for interest rates on both sides of the Atlantic. Most Read from Bloomberg The Stoxx Europe 600 index was little changed after posting its best weekly return since January amid optimism the […]
AT&T, Charter, Comcast and Verizon are quietly trying to weaken a $42.5 billion federal program to improve internet access across the nation, aiming to block strict new rules that would require them to lower their poorest customers’ monthly bills in exchange for a share of the federal aid. In state . . .
“The market is already walking back expectations of rate cuts – the first cut coming in June is now down to a 50% probability, according to CME pricing. In other words, there could be some volatility, but it feels like the market is already more bearish on the inflation outlook,” Noelle Acheson, author of the […]